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N-BUILDING

Active
Public limited companyfounded 200323 yrs activeKoningin Elisabethlaan 27, 1500 Halle, BelgiumKBO/BCE: BE 0480.146.238
Summary

N-BUILDING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €775,161 and a net result of €40,707. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 2258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201Other specialised construction activities NACE 43990
1 site
How big
€1.8mtotal assets 2025
Staff
3.8 FTE
Equity
€775,161
Profit
€40,707
Turnover not published (abridged schema)
Financially healthy?
79 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Who decides
Parent
NiCon · 65.9%
Accounts 37 d early0 of 13 deeds read
Why 79- Higher-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability72▲+62
Solvency67▲+11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 5.14 against 2.52 in 2024; short-term debt: 19.4% and cash: 58% of total assets), but 57.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42.4%
Return on assets
2.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-09-2025, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 d early
2024
20 d early
2023
1 d early
2022
31 d early
2020
21 d early
2019
34 d early
2018
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 6 October (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €40,707
  3. Liquidity doublescurrent ratio 5.14

Key points

  • Positive: Back in profit in 2025after -€169,256 in 2024 €40,707 View
  • Positive: Among the best 19% on equitysector median €205,415 · 2,258 companies €775,161 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by NiCon 65.9% View

By topic

Financials

Fiscal year
2025
Total assets
€1.8m
Profit
€40,707
Solvency
42.4%
Total assets▼ 22.6%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2016
Next accounts
by 31-10-2026
  1. 24-09-2025Annual accounts filed
  2. 31-03-2025Back to profit
  3. 31-03-2025Liquidity doubles
Go to Timeline

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€2,758awarded · 2022 - 2025
Registered contractor
2categories
Go to Support & recognitions

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
02-05-2003
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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